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pmorici | karma 12372 | avg karma 3.51 · 2014-01-19 15:58:46

Because 30 years is typically the longest term you can get. True there are "40 year" mortgages but generally they are a worse deal than a 30 year and targeted to people who are bad at math.

http://www.bankrate.com/finance/mortgages/is-the-40-year-mor...

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iaskwhy | karma 1626 | avg karma 1.94 · 2014-01-19 21:05:12+00:00

Thanks, this is interesting.